Healthcare of Today, Inc.

Healthcare of Today, Inc.

January 27, 2011 14:01 ET

Physicians Hospital System to Join Healthcare of Today's Network

BURBANK, CALIFORNIA--(Marketwire - Jan. 27, 2011) - Healthcare of Today, Inc. and Physicians Hospital System announce that Physicians Hospital System will be joining the Healthcare of Today network. Healthcare of Today has entered into several acquisition agreements to acquire a controlling interest in each of the operating entities for three specialty hospitals in Northern Indiana as well as related support entities. The acquisitions are expected to close in mid-February, subject to completion of due diligence.

Physicians Hospital System ("PHS") is a healthcare facility network serving Northern Indiana. PHS's core Hospitals are Doctors Hospital and Neuromuscular Center, which offers the most comprehensive physician coverage for rehabilitative needs in the region; RiverCrest Specialty Hospital, a long-term acute-care hospital designed for medically complex patients that also offers a holistic approach to meeting patients' needs; and Unity Medical and Surgical Hospital, an inpatient surgical hospital using state-of-the-art technology, including patient tracking systems to monitor a patient's ongoing progress.

PHS expanded its team of medical professionals in 2010, adding a number of new specialists to its roster including an Infectious Disease Specialist. PHS also signed an affiliate agreement last year with IU School of Medicine at Notre Dame to provide residencies for its medical students within the PHS system. Doctors Hospital and Neuromuscular Center was ranked in the top two percent nationally for customer satisfaction according to Press Ganey Associates.

Healthcare of Today CEO, Henry Jan says, "Physicians Hospital System is a stellar model of the potential for physician-driven systems. We selected PHS as our anchor hospital acquisition because it is successfully operating on our shared values."

Healthcare of Today aspires to acquire hospitals throughout the country to serve as "anchors" for its nationwide healthcare system. Urgent care, walk-in clinics, and other healthcare services operating as satellites from those hospital locations, will offer patients care at various levels. The addition of hospitals, including Physicians Hospital System, also offers possible new training grounds for the educational programs already included in the Healthcare of Today network, further promoting its vertical integration strategy.

President and CEO of Physicians Hospital System, Dr. Cameron Gilbert said, "Our system of integrative and dynamic healthcare has proven to be extremely successful even in these very difficult times. The clinical and financial results of PHS speak for themselves. By removing all of the artificial barriers that separate doctors and hospitals, we have truly created something special. Now we have the opportunity to join forces with another very dynamic and thriving system in Healthcare of Today. This new relationship will be the platform to demonstrate how good healthcare can be when doctors and hospitals truly work together."

About Physicians Hospital System

Physicians Hospital System ("PHS") is a healthcare facility network serving Indiana. PHS includes Doctors Hospital and Neuromuscular Center, RiverCrest Specialty Hospital, and Unity Medical and Surgical Hospital. The organization is physician-driven, and patients are treated to multidisciplinary team care. For more information please visit

About Healthcare of Today

Healthcare of Today is a holding company focused on developing and acquiring companies primarily within the Healthcare Industry. Healthcare of Today was founded on a mission to consistently provide high quality healthcare products, services, and education through an efficient system. We believed this mission could be accomplished by building a healthcare network centered on the delivery of better patient outcomes, a strong work environment for employees, and efficient spending. Through its subsidiaries, Healthcare of Today is engaged in businesses including: nurse staffing, insurance, residential care facilities for the elderly, home healthcare products and services, health staff education, medical technology, healthcare information technology, and more. For more information please visit


This announcement is not an offer to sell any Healthcare of Today ("HOTI) or related securities. Offers for any given security are made only through applicable offering circulars and related documents filed with the SEC pursuant to the Securities Act of 1933 or the Securities Exchange Act of 1934. Certain statements contained herein and subsequent oral statements made by and on behalf of HOTI may contain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are identified by words such as "intends", "anticipates", "believes", "expects", and "hopes" and includes, without limitation, statements regarding HOTI's plan of business operations, product research and development activities, anticipated revenues and expenses and potential contractual arrangements and obligations. Also, our management may make forward-looking statements orally to investors, analysts, the media and others. Forward-looking statements express our expectations or predictions of future events or results. They are not guarantees and are subject to many risks and uncertainties. There are a number of factors beyond our control that could cause actual events or results to be significantly different from those described in the forward-looking statements. Any or all of our forward-looking statements in this report or in any other public statements we make may turn out to be wrong. We undertake no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise.

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